Company
Insurer whose controlling stake backed a bridge-loan refinancing executed by Shinhan Securities.
Ripple has signed Meritz Securities to explore custody and tokenization, its fourth Korean partner of 2026 and the first securities firm. The work starts inside Meritz's existing permissions and has no launch date.
Reality
Ripple Prime writes total return swaps for US leveraged ETFs and collects the financing fees, while XRP fell more than 8% in a week to $1.39. Swap clients need no XRP, so the revenue builds Ripple's value without adding token demand.
Reality
Meritz Securities signed a Ripple custody study on Oct. 1 while weighing five digital-asset lines, spot crypto ETFs among them. With no product or launch date attached, any payoff waits on what Korea's coming rules let brokers sell.
Reality
Korea's regulators sorted crypto into plumbing and wagering, approving a bank remittance rail while cutting off a prediction market. XRP fell below $1 anyway.
Perspective Coverage
3 publishersReality
Product fee income rose 158% and IB revenue 248% in the first half. Both were earned in a rising market, and neither has been tested in a falling one.
Reality